Section 3B:15-20 - Effect of discharge of surety

NJ Rev Stat § 3B:15-20 (2019) (N/A)
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3B:15-20. Effect of discharge of surety

After discharge of a surety pursuant to this article, all his liability by virtue of his undertaking shall cease, but the personal liability of the principal in the bond shall remain.

L.1981, c. 405, s. 3B:15-20, eff. May 1, 1982.